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Ref: M269323
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We are now offering this townhouse in the Los Olivos community. On the ground floor there is a living room, kitchen and a toilet. The second floor has two bedrooms, one with a balcony and a bathroom with a bathtub. The property has a large terrace at the front of the house where it is also possible to park a car. In the area there is a communal pool. Legal costs and VAT are not included in the price.
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Number of Parking Spaces: 1
- Near Schools
- Near Commercial Center
- Double Bedrooms: 2
- Location: Coastal, Urbanisation
- Near Childrens Parks
- WC: 1
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,220€
Final Payment of 90% on completion
127,980€
Property Purchase Expenses
Property price
142,200€
Transfer tax 8%
11,376€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.